LONDON--(BUSINESS WIRE)--
1 October 2018
Metal Tiger plc
("Metal Tiger" or the "Company")
Directorate Change
Metal Tiger, the London Stock Exchange AIM listed investor in strategic natural resources opportunities, today announces the resignation of Keith Springall as Finance Director and Company Secretary as Keith looks to pursue other business interests.
Keith Springall will be replaced by Malcolm Bacchus FCA, as a non-Board part-time finance director and interim Company Secretary.
Malcolm Bacchus qualified as an ICAEW Chartered Accountant in 1981 and set up his own consultancy business in 1994 providing accountancy and management solutions and interim management services. During this period, he has also held various roles as finance director, including full board appointments, to a number of private, BES and AIM listed companies. Since 2011 he has provided consultancy services to a range of SMEs and AIM companies including, more recently, Metal Tiger. He is an elected Council member of ICAEW.
Michael McNeilly, Chief Executive Officer of Metal Tiger plc, commented:
“On behalf of the Board, I would like to thank Keith Springall for his contribution to the growth of Metal Tiger and would like to wish him all the best in his future endeavours. Malcolm has previously been involved in the finance function of Metal Tiger as a consultant and we look forward to working with him in his new capacity.”
For further information on the Company, visit: www.metaltigerplc.com:
| Michael McNeilly | (Chief Executive Officer) | Tel: +44 (0)20 7099 0738 | ||
| Mark Potter | (Chief Investment Officer) | Tel: +44 (0)20 7099 0738 | ||
| Stephen Allen or Bhavesh Patel |
RFC Ambrian Ltd
(Nominated Adviser) |
Tel +44 (0)20 3440 6800 | ||
| Charlie Cryer |
RFC Ambrian Ltd
(Joint Broker) |
Tel +44 (0)20 3440 6800 | ||
| Nick Emerson | SI Capital (Joint Broker) | Tel: +44 (0)1483 413 500 | ||
|
Gordon Poole James Crothers Monique Perks |
Camarco (Financial PR) |
Tel: +44 (0)20 3757 4980 |
Notes to Editors:
Metal Tiger plc is listed on the London Stock Exchange AIM Market (“AIM”) with the trading code MTR and invests in high potential mineral projects with a precious and strategic metals focus.
The Company’s target is to deliver a very high return for shareholders by investing in significantly undervalued and/or high potential opportunities in the mineral exploration and development sector timed to coincide, where possible, with a cyclical recovery in the exploration and mining markets. The Company’s key strategic objective is to ensure the distribution to shareholders of major returns achieved from disposals.
Metal Tiger’s Metal Projects Division is focused on the development of its key project interests in Botswana, Spain and Thailand. In Botswana, Metal Tiger has a growing interest in the large and highly prospective Kalahari copper/silver belt. In Spain, the Company has tungsten and gold interests in the highly-mineralised Extremadura region. In Thailand, Metal Tiger has interests in two potentially near-production stage silver/lead/zinc mines as well as licences, applications and critical historical data covering antimony, copper, gold, silver, lead and zinc opportunities.
The Company has access to a diverse pipeline of new opportunities focused on the natural resource sector including physical resource projects, new natural resource centred technologies and resource sector related fintech opportunities. Pipeline projects deemed commercially viable may be undertaken by Metal Tiger or by an AIM or NEX Exchange (formerly ISDX) partner with whom the Company is engaged.